Unemployed “Starting New Businesses”

This year has been a pretty mixed bag for me. I’ve had a few very good sales and quite a few run of the mill sales. When all is said and done, I expect to surpass last year’s sales numbers. All in all, I most definitely will not complain about a bad year, especially given my expectations in March and April.

One of things I have been seeing and reading about is that domain name registrars have been doing very well. It seems like domain name registrations are growing at a strong clip. In addition to the growth in domain name registrations, I have also seen and heard that premium domain names in the four figure price range (plus or minus) have also been selling quite well this year.

As one might imagine, people seem to be more willing to go out and start a business. President Donald Trump’s economic advisor Larry Kudlow, who serves as Director of the United States National Economic Council, mentioned this today:

I suspect we will continue to see people starting new businesses and buying domain names as a result. A domain name is like a piece of property in the sense that it represents an opportunity. Someone can take a domain name and turn it into something much bigger. They can build their business and build a brand on their domain name.

We are probably in a very interesting time for business growth. It will no longer be unusual for someone to work from home. People around the world have been doing that for months, and that will continue to develop. People are going to continue spending time building their own business on their own time as the world changes.

We are living in an interesting time right now. There is a lot of change happening. There is a lot of uncertainty. One of the ways people seem to be grappling with this uncertainty is to start a business to help control their destiny. A domain name plays a major role in this, and I suspect we will continue to see growth in the domain space.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

3 COMMENTS

  1. “A pessimist sees the difficulty in every opportunity; an optimist
    sees the opportunity in every difficulty.”

    All it takes is just one practical idea to solve a “problem”.

    Regards,
    BullS
    MBA,PhD
    Magna cum laude
    Graduate of Domain King Academy

    MBA-My Big Ass(all of you have one)
    PHD-people having dickheads

  2. Definitely the domain registration market has been far stronger than the aftermarket. Godaddy’s initial statements along those lines have proven accurate.

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